Eddy Street 9600 SF Flex /Retail Bldg.

Industrial for Sale
Catylist Listing ID: 30429315
Property Subtypes: Cold Storage, Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 9,654 SF
Gross Land Area: 20,908 SF
Sale Price: $699,000
Unit Price: $72.41 PSF
Ceiling: 14 ft.
Docks/Doors: 1 Dock, 3 Doors
Office SF: 1,620 SF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User
Building Name: Copper - Lewis Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/2/2019

Overview / Comments

Note: Will Subdivide... Property midway between R.I. Hospital and Hasbro Children's Hospital complex (Eddy St. exit off Rte. 95) & Meeting Street School building campus @ Thurbers Ave. exit off Rte. 95. Approx. 9600 SF block bldg. with large open warehouse areas + office and retail sections on approx. .48 AC (20,908 SF lot) with paved parking for approx. 23 vehicles.
Approx. 14 ft. ceiling height (most sections) and multiple large overhead doors.
Real Estate annual taxes= $ 16,655
Other expenses to be confirmed.

Note: Lease Purchase possible.
Lease: NNN @ 12 PSF... term negotiable.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: PR 047-0294
Zoning: M-U
Property Located Between: Dudley St. (RI & Hasbro Hospitals) & Thurbers Ave.
Highway Access: Easy access just north and south of subject property to intersect with interstate Rte. 95 (north & south) via Thurbers Ave. on and off ramps.
Airports: Rhode Island T.F. Green International Airport
Site Description: Approx. .48 AC (20,908 SF) lot with approx. 9600 SF bldg. & paved parking + multiple loading door access points.
Area Description: Major Capital City-Providence central business artery with interstate Rte. 95 on and off ramps to all points north, south , east via Rte. 195 into Massachusetts. Near Rhode Island and Hasbro Childrens' Hospital complexes.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 8,034 SF
Property Condition: Good
Year Built: 1963
Year Renovated: 1982
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Masonry block bldg. with some brick exterior. Tar and gravel roof, paved asphalt parking and driveway around structure. Loading plat form (120 SF).
Parking Type: Surface
Parking Description: Front, side and rear parking spaces for approx. 23 vehicles on approx. 5200 SF paved lot area.
Total Parking Spaces: 23
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Window Unit, Other
Lighting: Fluorescent
Interior Description: Ground level approx. 8034 SF with approx. 14 ft ceiling height (10.6 ft. under beam in some areas). Wet sprinkler system in place. 2nd floor level approx. 1620 SF of upper office area.
Zoning Description: M-U
Lot Frontage: 160 FT
Lot Depth: approx. 130 FT
Water Service: Municipal
Sewer Type: Municipal
Easements Description: unknown...to be confirmed
Legal Description: Plat 47 & Lot 294 & 651

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,308 234,439 426,441
Median Age: 28.73 33.24 36.79
Households: 9,003 86,688 164,982
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